Gold Price Forecast: Rising Yields Put $4,000 Support at Risk
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Gold prices remain under pressure as rising Treasury yields, a stronger U.S. dollar, and tight Fed policy expectations increase downside risk, while a major support zone may decide the next long-term rebound.
Gold (XAU) prices continue to drop after breaking the $4,500 as the rising US Treasury yields, strong US dollar and tight Fed policy expectations continue to pressure the market. In my view, this breakdown opens the path toward the $4,000 region before a long term bottom can form within the broader bullish trend. This article discusses the Fed policy risk, bond market pressure, key price levels and the conditions that may trigger the next major rebound.